Carphone Warehouse has released the ultra low cost Alcatel OT 209 mobile phone.
Described as the “ultimate bargain”, the phone is available for just one penny after buying a £10 top-up on the brand new Talkmobile Pay As You Go Essentials tariff.
The tariff offers calls at 8p per minute, texts at 4p per message, mobile Internet at 25p a day and half price calls and texts to other Talkmobile numbers.
Unsurprisingly, the phone packs only the most basic of functions - a colour screen, an FM radio being the most impressive - and is hardly a looker, but you couldn’t reasonably expect more for 1p.
Carphone Warehouse UK MD Matt Stringer said: "This is a great deal which represents brilliant value for money. The competition in the UK mobile market has seen the price of phones driven lower and lower over the last couple of year.2
"Now, we've become the first to offer one for just one penny which we hope will prove a huge money-saving hit with our customers after Christmas."